Dear Saudi Traders and Investors,
2040 is one of the stocks I get asked about if there's an entry on it or no, and I posted about it 2 months ago and the stock is still heading down.
For now there's nothing to do since there's no sign of a squeeze or a pullback on a level, the stock will keep going down to reach the level 1 of the pitchfork.
If you don't know...
Dear Saudi Traders and Investors,
I'm sharing with you today analysis on some stocks you can't buy currently since you will end up by losing your money. Buy on the other stocks on which you have an opportunity to buy, before you do make sure to get you a good consultation!
As you can see on the chart, the stock made a pullback on the level 0.6 of the fib, my...
Dear Saudi Traders and Investors, I'm sharing with you another analysis to let you know that YOU CAN'T BUY 2040 since the price is heading down and just pulled back on the tough support level we got on 28.40, if the price comes back up with a confirmation that would be a great entry. For now DON'T BUY IT.
Let me know if you got any question!
Good afternoon dear Saudi investors.
On 1322, You can notice again that the price is consolidating on a channel for the past 8 months and still couldn't break through it, my advice for you is not to put you money in this stock until it gets through the channel since it will be worthless to take the risk and put your money in it while you can invest it in other...
Good afternoon Dear Saudi investors, as I posted on the previous idea, this stock is one of the most stocks investors ask me about, people have bought last August when it reached a new Higher High when they thought that it will start going higher, however that was a fake one before it decides to come back down.
Still, I don't advice any of you to buy it now, wait...
Dear Saudi investors, I'm sharing with you one of the analysis I gave to my clients days ago on 1120.
As you can see the price kept consolidating on a channel for the past year, now as you can see it's about to break the channel, if you're welling to buy don't do it since it's too risky to do now.
I'll be posting it in the future but it will be a week or two...
Dear Saudi traders, On the 2010 (SAUDI BASIC INDUSTRIES) chart, you can notice that the price just broke the VWAP and gave us the confirmation to buy it. I wanted to post this analysis yesterday for you to trade it buy since I got customers I give private analysis to I can't share it at the same moment as I give it to them which will make it pointless for...
A buy transaction in SABIC stock with a Fibonacci correction and a green candle with a tail, and it came as a strong support. There is a high possibility for the market to ris
According to what we can see in the chart 2010 is in trading rangeand we are now in the middle so we can sell short and take profit at the bottom and then wait for reversal signal and buy
It tried to cross a important gold ratio of FIB but could not and now its dropping down, no need to catch a falling knife lets wait for a proper up trend. For now stay away from this !!
Hit like & follow guys ;)
Saudi Basic Indestries Corp was in up trend, after many of pull backs on this up trend, this up trend has been broked by an important candle as we see in the chart.
At this moment, we see that it return to the trend line for testing.
But we will see if it will do a pull back in the trend line and resume it down trend or if it will break it down trend.
Actually...
TADAWUL:2010 gave a buy signal , I think price is likely to continue up to around the first blue rectangle (88.3-91.5 Area) which would be the first target with a powerful level around the 88.3 (first blue line) .
It would be interesting then to watch If the price breaks and closes in an upcoming day considerably above the first blue rectangle (Above the 91.5)...
